Tennessee - Appraisal Management Company ($20,000) — required surety bond in Tennessee. Apply online in minutes.
The Tennessee Appraisal Management Company Bond is a surety bond that guarantees an appraisal management company will conduct business ethically and comply with state regulations. It serves as a financial guarantee to ensure that independent appraisers are properly compensated for their completed appraisal services.
Any business operating as an appraisal management company within the state of Tennessee needs to secure this surety bond. It is a standard prerequisite during the licensing process for both new and renewing AMCs that manage real estate appraisers.
The state requires this bond to protect independent appraisers, consumers, and the public from financial harm caused by an AMC's unethical or unlawful business practices. If an AMC fails to pay appraisers or engages in fraudulent activities, the bond provides a mechanism for affected parties to seek financial restitution.
Getting your bond is easy—simply click Apply Now to access our secure online application. The application takes about five minutes to complete, and once approved, your bond will be delivered directly to you by email. For further assistance, you can always contact Noah Insurance Agency nationwide at 814-718-0060.
Premiums vary based on the applicant's credit history and overall financial profile. To get an exact price for your bond, please submit our quick online application or call Noah Insurance Agency at 814-718-0060.
Bond amount requirements can vary depending on state regulations. You should always verify the exact bond amount required for your specific business directly with the Tennessee issuing agency before applying.
While actual approval times vary depending on the applicant, you can complete our secure online application in about five minutes. Once approved, your bond is conveniently delivered via email.
The bond primarily protects independent real estate appraisers ensuring they receive proper payment for their services, while also safeguarding consumers and the state against fraudulent AMC business practices.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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